Volato (SOAR) director receives 7,500-share stock grant at $0.26

Rhea-AI Filing Summary

Nichols Mike reported acquisition or exercise transactions in this Form 4 filing.

Volato Group, Inc. director Mike Nichols received a grant of 7,500 shares of Common Stock on March 27, 2026 at a stated value of $0.26 per share. This was a compensation-related award, not an open-market purchase. Following the grant, he directly holds 10,775 Volato shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nichols Mike

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,500	$0.26	$2K

Holdings After Transaction: Common Stock — 10,775 shares (Direct)

Footnotes (1)

Key Figures

Shares granted: 7,500 shares Grant price: $0.26 per share Shares held after grant: 10,775 shares +1 more

4 metrics

Shares granted 7,500 shares Common Stock grant to director on March 27, 2026

Grant price $0.26 per share Reported transaction price for the 7,500-share award

Shares held after grant 10,775 shares Total directly owned by Mike Nichols following the transaction

Transaction code A (Grant, award, or other acquisition) Characterization of the insider transaction

Key Terms

Common Stock, Grant, award, or other acquisition, non-derivative, direct ownership

4 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

non-derivative financial

"transaction_type: "non-derivative""

direct ownership financial

"ownership_type: "direct" and ownership_code: "D""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Nichols Mike

(Last) (First) (Middle)

C/O VOLATO GROUP, INC.

1954 AIRPORT ROAD, UNIT 124

(Street)

CHAMBLEE GEORGIA 30341

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Volato Group, Inc. [ SOAR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/27/2026		A		7,500	A	$0.26	10,775	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

(1) On February 24, 2025, the common stock of Volato Group, Inc. split 1-for-25, resulting in the reporting persons ownership of 99,593 less shares of common stock. (2) On 5/7/2025 it was previously reported in error that 21,000 shares were received. The 21,000 shares should be excluded from the total ownership.

	/s/ Mark Heinen, by Power of Attorney	03/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Volato Group (SOAR) report for Mike Nichols?

Volato Group reported that director Mike Nichols received a grant of 7,500 shares of Common Stock. The award was recorded at a value of $0.26 per share and increased his directly held position to 10,775 shares after the transaction.

Was the Volato (SOAR) insider transaction a market buy or a stock grant?

The transaction was a stock grant, classified as a “Grant, award, or other acquisition” rather than an open-market purchase. Nichols did not buy shares in the market; he received them as part of a compensation-related award of 7,500 shares.

How many Volato Group (SOAR) shares does Mike Nichols hold after this filing?

After the reported grant, Mike Nichols directly holds 10,775 shares of Volato Group Common Stock. This total includes the newly awarded 7,500 shares received on March 27, 2026, and represents his direct ownership position reported in the filing.

What price per share was used for Mike Nichols’ Volato (SOAR) stock grant?

The filing records the 7,500-share grant of Volato Common Stock at $0.26 per share. This figure reflects the transaction price per share used for reporting purposes and helps quantify the value of the director’s compensation-related stock award.

Does the Volato (SOAR) Form 4 show any stock sales by Mike Nichols?

No stock sales are shown; the filing reports only an acquisition via grant. The single transaction is coded as a grant, award, or other acquisition of 7,500 Common Stock shares, increasing Nichols’ directly held position to 10,775 shares with no disposals reported.

Is this Volato (SOAR) insider transaction related to derivatives or options?

The transaction involves Common Stock as a non-derivative security. The derivative section of the filing is empty, indicating no option exercises, warrant activity, or other derivative transactions were reported alongside this 7,500-share stock grant to director Mike Nichols.